November 4, 2009 -  Irvine, CA

Blackford Capital Portfolio Company Amtech Corporation Announces Acquisition of Dynamic Fabricators

November 4, 2009 – IRVINE, CA – Blackford Capital LLC, a California-based U.S. private equity firm in the middle-market, announced today the acquisition of Dynamic Fabricators (www.dynafab.net) by one of its portfolio companies, Amtech Corporation (www.amtechcorp.com). 

Dynamic Fabricators is a manufacturer of fiberglass and wood cooling tower components for the power and process industries; the company also handles a variety of custom fiberglass manufacturing for consumer products. Dynamic Fabricators has two manufacturing facilities: one in Rathdrum, ID and the other in Houston, TX.  Dynamic Fabricators will be an add-on acquisition for Amtech Corporation—a fiberglass manufacturer based in Yakima, WA that services the military, construction equipment and transportation industries.

Wade Wolcott, President of Dynamic Fabricators, expressed his thoughts on the future business opportunities, “I’ve watched Dynamic Fabricators grow into a key supplier to many of the leading cooling tower companies within the U.S.” said Wolcott. “I’m confident that the excellent customer relationships we have created will continue to prosper when combined with Amtech’s resources.”

Mr. Wolcott will remain with both Dynamic Fabricators and Amtech following the transaction in an advisory role.  His 30 years of experience in composites and established customer relationships will be of strong value in assisting the growth of both companies.

“Amtech’s acquisition of Dynamic Fabricators will give Amtech a very strong presence in the Gulf Coast region of the United States while also expanding Amtech’s product offering,” said Doug Christie, Amtech’s Chief Executive Officer. “We truly believe that there will be some great synergies that result from this business combination.”

“Blackford Capital is very pleased with Amtech’s most recent acquisition,” said Martin Stein, Chairman of Amtech and Managing Director of Blackford Capital. “Wade Wolcott and his team at Dynamic Fabricators are world-class and we are honored to be working with them.”

About Blackford Capital

Founded in 2000, Blackford Capital is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. Blackford Capital has become a successful firm in the middle market having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. The firm currently has 6 portfolio companies and has completed 6 transactions in the past 12 months.. Blackford Capital maintains offices in Irvine and San Francisco, California.  For more information, please visit www.blackfordcapital.com.

Amtech Corporation

Amtech Corporation is leading custom-molded composite manufacturer that services the military, construction equipment and transportation industries. With expertise in design, engineering, research and development, customers look to Amtech for several diversified products in the military and commercial markets. Established in 1987, Amtech employs a growing workforce of skilled technicians, working in two specialized plants in the State of Washington; the manufacturing facilities encompass more than 170,000 square feet. The company’s talents include fiberglass, resin transfer molding (RTM), vacuum assist RTM (VARTM), large and small vacuum-form plastics capabilities, finishing, value-added assembly, and custom packaging.
 
Dynamic Fabricators
Dynamic Fabricators is a leading manufacturer of fiberglass and wood cooling tower components for the power and process industries; the company also handles a variety of custom fiberglass manufacturing for consumer products.  Originally owned by GEA Integrated Cooling Technologies out of Lakewood, Colorado, Dynamic Fabricators branched out under local ownership in 2001.  Dynamic Fabricators’ headquarters and manufacturing plant are located in Rathdrum, ID and their service facility is located in Houston, TX. 

For more information, please contact:

Blackford Capital
Martin Stein, Managing Director
mstein@blackfordcapital.com
9245 Research Dr
Irvine CA 92618
(949) 334-0374